loanDepot, Inc. engages in the business of originating, financing, selling, and servicing residential mortgage loans, title, escrow, and settlement services for mortgage loan transactions. It also offers a variety of loan products and in-house servicing platforms. The company was founded by Anthony Hsieh in December 2009 and is headquartered in Irvine, CA.
Fundamentals
Mkt Cap
$180.71M
Volume
-
52W High
$3.80
52W Low
$0.485
PE Ratio
-1.74
Avg. Volume
7.33M
EPS (Annual)
-$0.2969
P/B
0.62
Rev/Employee
$206,471.38
Earnings
Nov 03
61
Bullish Sentiment
How do you feel about LDI?
RetireEarlyBird
$LDI this will be 20$ by 2032... If you have patience, load up unlike some preemie babies here
5
ZanderBrown
$LDI Hello i am anthony hseih. thank you for letting me fuck you all. it was a real pleasure.
4
AnonMav
Managed to get my average in $LDI below $.75 cents for a slice of the pie.
The news / analyst tape feels more hated. loanDepot showed a meaningful acceleration in dark pool activity into August. Quarterly relative performance versus same sector is in the gutter.
Writing some calls for 2028 to capture some small premium due to NYSE non compliance notice but founder has been buying shares.
The servicing book is real value. However it is not clean value nor easy to unlock value.
Stock will only work if servicing remains resilient, recapture /heloc strategy actually converts, liquidity pressure eases, they move toward profitability before capital structure pain eats the upside.
That’s the whole beach scroll basically.
4
MarshallMatters
$LDI I'm sure he's reallyyyy concerned about getting this stock price up after pocketing 60 million in last year and a half lol
3
MarshallMatters
$LDI CEO sold following shares last year and this year. Looks like he got out while getting was good 👍
3
sammy61
$LDI Reverse splits only raise the price so the shorts can knock it down more. Reverse splits is the worst thing a company can do. Company needs to openly buy the stock back while the price is low. This would give the stock a bottom and value. Also insiders need to aggressively buy the stock. That sends a clear message to the shorts. The company can afford charity for fishing trips. They should treat the retail investors like charity. They can afford to buy back shares and make the float smaller.
3
sammy61
$LDI — Anthony Hsieh quote.
"Most people think big companies are safe. But the truth is, big companies are just as risky as startups—just in different ways. The difference is, startups fail fast, and big companies fail slow."
Loan Depot has enough cash on hand to buy back shares while selling below book value at .67 cents. Reducing the float would create higher profits per share if they ever turn a profit.
loanDepot (loanDepot, Inc.) priced its initial public offering at $14.00 per share on February 11, 2021. Since then it has fallen over 95 percent while the S&P 500 and inflation has gone through the roof.
I recommend shorting the stock if Loan Depot declares a reverse split. I recommend buying the stock if Loan Depot and all of the insiders aggressively buy the stock.
Anthony Hsieh has sold over 22 million shares declining the stock from 14 dollar IPO price to current .67 cent price. He most recently bought over a million shares. Share price is .67 cents.
2
djsals
$LDI Hsieh and Parthenon Capital already got paid hundreds of millions @ time of IPO . There's 0 incentive return for shareholders. They also got rig of any stock price based compensation. Now executives simply get millions of shares just for working there . Shareholders get massively diluted so Hsieh can buy another boat . Then he'll talk about being a godly man . Lol . The irony .
1
JJletsmakethishappen
$LDI undervalued had at 14.00 with 100 shares in 2022 high chance of being shorted baby 💎 🙌
focafoca99
$LDI raised over $1.75 million at the ninth annual War Heroes on Water sportfishing tournament for combat-wounded veterans.
Bolo44
$LDI it doesn’t look too good! Either gov will bail them out like in 2009 or they go to the drain
nathan74
$LDI This company is worth so much more sold off, probably could fetch 4-5 a share in a sale.